Post on 01-Jun-2018
8/9/2019 Financial Plan Template_11
1/23
9.0 FINANCIAL PLAN
The fnancial plan acts as a point where all fnancial inormation in theadministrative, marketing and operations plans are collected andsummarized to give a picture o the how much the business will cost to run. The inormation in the fnancial plan is essential in analyzing the viability o the project and will have an impact on whether the business venture willcontinued as planned, be adapted or abandoned. When the business iscarried out as planned, the fnancial inormation can be used to control thebusiness expenses.
9.1 Project implementation cost schedule The project implementation cost will show how mush investment in term ofxed assets cost, monthly expenses and other cost are needed to start thebusiness.
Table .!" #roject implementation cost schedule
A. Capital expenditure $% $% $%
&and ' building (contributed by owner) *+,%achinery and e-uipment /,
0urniture and fxtures 1,2ehicle 3 2an (hire purchase) +,
$enovation cost
Sub!otal". #or$in% capital &' months(
%arketing
#roduction45peration
8/9/2019 Financial Plan Template_11
2/23
p
7und(
8/9/2019 Financial Plan Template_11
3/23
9.' Sources o7 7unds schedule
9ources o unds will indicate availability o unds to fnance the projectimplementation cost.
Table ." 9ources o fnance schedule
A. 8uit- contribution $% $%
;ash6ssets (land ' building)
Sub!otal". xternal sources
8/9/2019 Financial Plan Template_11
4/23
9.3 0ixed assets depreciation tables (optional)
Table ./" 6 depreciation schedule or a van
!-pe o7 asset,)ri%inal cost,conomic li7e,
Scrap :alue,2ethod"
2an$%+,+ years
$%9traight line
;ear Annual depreciation&/2(
Accumulated depreciation&/2(
"oo$ :alue&/2(
+,
! +, +, , +, !, !+,
/ +, !+, !,
* +, , +,+ +, +,
8/9/2019 Financial Plan Template_11
5/23
9.< &oan amortization schedule (optional)
8normation on term loan
Term loan =
2ethod, 6nnual rest 2ethod, 0lat rate
Term loan /235@00
;ear ', /2'05000 x ? > /215@00
;ear 3, /2'45000 x 10 >/2'5400
;ear 3, /2'05000 x ? > /215@00
;ear /215?00
;ear /215@00
!able 9.3, !erm loan amortiation schedule
8/9/2019 Financial Plan Template_11
6/23
9.6
8/9/2019 Financial Plan Template_11
7/23
8/9/2019 Financial Plan Template_11
8/23
9.@ #ro orma cash Aow statement
#roorma cash Aow will indicate the business cash situation o the company.
!able 9.6, A pro 7orma cash Do statement &2onthl-(
%onth #reBoperation
Can 0eb %ac 6pr %ay Cun Cul 6ug 9ept 5ct Dov Eec Fear !
A Cash DoG-uity 3cash Term loan;ash sales
salesorecastBmarketing plan
'
8/9/2019 Financial Plan Template_11
9/23
1'(
Eirectlabor
/ 3@000&3000 x1'(
5perationa
loverheads
'
8/9/2019 Financial Plan Template_11
10/23
8nterest /1+ ?00
+ !otal cashoutDos
8/9/2019 Financial Plan Template_11
11/23
" + 3*+)
!!) amount(
F "e%innin% cash
balance
30000 (preB
operation)
0
* ndin%cashbalance
/ /(/H )
8/9/2019 Financial Plan Template_11
12/23
!able 9.@, A pro 7orma cash Do statement &Annuall-(
Fear Fear ! (Eerive rommonthly transaction)
Fear Fear /
A Cash Do
G-uity 3 cash 1+ Term loan *+ ;ash sales * (rom
monthly schedule)1@(Gstimation)
/!1*(Gstimation)
" !otal cash Do &E all A acti:ities( 31'600(1+ H*+ H*)
C Cash outDo
)perational expenditure
$aw materialsEirect labor
5perational overheads
2ar$etin% expenditure
9ales commission
Gntertainment allowance
Administrati:e expenditure
9alaries ' wages
G#0 ' 95;95
5ther administrative overheads
&oan repayment"
#rincipal
8nterest
8/9/2019 Financial Plan Template_11
13/23
%achinery ' e-uipment
0urniture ' fxtures
$enovation
#reBoperational expenditure
Eeposits+ !otal cash outDos &E all C
expenditures('41@00 / *1!
Cash surplus &+eHcit( &" C(
8/9/2019 Financial Plan Template_11
14/23
9.4 #ro orma proft and loss statement4 8ncome statement (optional)
#ro orma proft and loss statement will show the business proft4loss estimation at the end o the
accounting period.
;ou must %et cost o7 %oods manu7actured and %ross proHt
;alculation o cost o7 %oods manu7actured
$% $%$aw material used5pening stock (!4!) 3 jika masihada
6dd" #urchase o raw materials /@ (rom cashAow schedule)
$aw material available /@&ess" ;losing stock (/!4!) 3 gunauntuk fnished products
/
Eirect materials 33000 (/@ 3/)
Eirect labor 3@000 (rom cashAow schedule 3annually)
#rime cost @9000 (// H/@)
%anuacturing overheadsI(operational 5< H Eepreciationcharges)
>@(* H JJJ Bdummy
WorkBinBprocess6dd" WorkBinBprocess (!4!) &ess" WorkBinBprocess (/!4!)
8/9/2019 Financial Plan Template_11
15/23
;ost o goods manuactured 1@ (@ H
>@)(To be transerred to the trading
account)
I The amount o manuacturing overheads is not the same as the amount o the operations overhead($%*) in the cash Aow statement because depreciation charges or the plant, machinery ande-uipment have been added on to the operational overheads. The depreciation charge does not appear inthe cash Aow because it is a nonBcash expenditure.
8/9/2019 Financial Plan Template_11
16/23
Table .@" ;alculation o %ross proHt or a manuacturing company
$% $%
SALS '
8/9/2019 Financial Plan Template_11
17/23
33000*/)SS P/)FI! '04000
8/9/2019 Financial Plan Template_11
18/23
!able 9.4, A pro 7orma income statement 7or a manu7acturin% compan-
$% $%SALS '8nterest"
Term loan *+
8/9/2019 Financial Plan Template_11
19/23
Table .@" 6 pro orma income statement or a trading company
$% $%SALS '
8/9/2019 Financial Plan Template_11
20/23
9.? #ro orma balance sheet &optional(
#roorma balance sheet will highlight the overall fnancial standing o the business at the end o theaccounting period.
Table 9.7: A pro forma balance sheet for a manufacturing company
$% $%FIJ+ ASS!S
&and ' 7uilding *+%achinery ' e-uipment !>*0urniture and fxtures +@
$enovation /2an
C//N! ASS!S
;ash *;losing stock or raw materials /;losing stock or fnished goods / *@
)!B/ ASS!SEeposits >
!)!AL ASS!S 139900
KI!; ;apital 1+6ccumulated proft !+*
>1C//N! LIA"ILI!IS
8/9/2019 Financial Plan Template_11
21/23
L)N*!/2 LIA"ILI!IS Term loan /@
8/9/2019 Financial Plan Template_11
22/23
Table .1" 6 pro orma balance sheet or a trading company
$% $%FIJ+ ASS!S
&and ' 7uilding *+%achinery ' e-uipment !>*0urniture and fxtures +@$enovation /2an
C//N! ASS!S;ash *;losing stock or fnished goods /
*/)!B/ ASS!S
Eeposits >
!)!AL ASS!S 13@900
KI!;
;apital 1+6ccumulated proft !* >*
C//N! LIA"ILI!IS
L)N*!/2 LIA"ILI!IS Term loan /@
8/9/2019 Financial Plan Template_11
23/23
!)!AL KI!; AN+ LIA"ILI!IS 13@900